Business
MTRX: 2024 saw record sales, profit, and cash flow, with strong organic growth in Israel and software
MTRX: 2024 saw record sales, profit, and cash flow, with strong organic growth in Israel and software
About this update from Matrix It Ltd.
Record sales and profit growth in 2024, with net income up 16.8% and strong cash flow. Organic growth was robust in Israel and software products, while US operations declined. Management expects continued expansion, with a focus on cloud, AI, and recurring revenues.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.